Hines, in partnership with EnviroFinance Group, has announced the groundbreaking of the first phase at Quantum 56, a Class A, six-building, 868,360 square feet industrial park in North Central Denver. Its location is west of I-25 on 56th Ave. Phase I, featuring three buildings totaling 581,250 square feet of warehouse/manufacturing space, is set to be completed in Q2 2024. Essex Financial Group secured the construction loan for Phase One.
Quantum 56 will offer ample capacity for large-scale distribution and manufacturing users as well as smaller single-occupier/owner-user buildings. The industrial park is situated in unincorporated Adams County which provides a strong sales tax advantage (4.75%) compared to the higher rates (surrounding areas all totaling over 8%) in the surrounding incorporated areas.
Quantum 56 is designed by Ware Malcomb’s Denver office and is being constructed by Arch-Con. A JLL team led by Jason White will lead the leasing efforts on behalf of Hines.
Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.